April 19, 2002




Vermont Teddy Bear launches Pajamagram

(Direct Newsline) Vermont Teddy Bear Co. has launched Pajamagram, a new gift delivery service.
Elizabeth Robert, CEO of the Shelburne, VT-based direct marketer, insisted on remaining mum about the details, but a source close to the company said marketing tests …

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April 19, 2002




USPS proposes new flats requirements

(Direct Newsline) The U.S. Postal Service is proposing a change in the eligibility requirements for automatable catalogs, periodicals, bound printed matte,r and other polywrapped flats. The changes could result in an increase in size for automatable flats, as …

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April 19, 2002




Zones 1Q sales take a hit

Like other computer marketers, Renton, WA-based Zones suffered a decline in first-quarter revenue. For the three months ended March 31, net sales were $99.8 million, down 38% from $161.2 million for the first quarter of 2001. Net income fell 22%, to $81,000 from $104,000.
Although the company shied …

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April 18, 2002




PC Mall forms PC Mall Gov

PC Mall
may not be in favor of bigger government—but it’s apparently seeking bigger government sales. To that end, the Torrance, CA-based computer cataloger has formed PC Mall Gov, a subsidiary devoted to sell to the goverment and …

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In Opsandfulfillment_warehouse-20-03-2013, Warehouse/Distribution Center

April 18, 2002




Financial reports: CDW, PC Connection, West Marine

CDW Boasts Record 1Q Revenue
First-quarter sales at CDW Computer Centers (Nasdaq: CDWC) surpassed $1.00 billion, making this the company’s biggest first quarter in its history. Sales for the first quarter of 2001 were $987.2 million. Net income rose slightly, to $40.8 million …

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April 18, 2002




Federated: We’re not in talks with J.P. Morgan

Federated Department Stores
spokesperson Carol Sanger sharply denies that J.P. Morgan Partners was in talks with the Cincinnati-based retailer to purchase Fingerhut Cos. subsidiaries Arizona Mail Order and Figi’s.
“We are not in discussions with J.P. Morgan …

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April 18, 2002




TechnoBrands founder forced out

Charles Anton, founder/CEO of gadgets and health products cataloger TechnoBrands, was fired by the majority of the board of directors on March 27. Anton remains a member of the board, however. Sources say that the directors who voted to fire …

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April 17, 2002




Financial reports: Office Depot, Williams-Sonoma

Office Depot Sales Up 1%
Office products superstore chain Office Depot (NYSE: ODP), which also mails the Viking Office Products catalog, posted a 1% increase in total first-quarter sales, to $3.0 billion for the three months ended March 30. Operating income increased 69%, to $163.9 million …

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April 16, 2002




J.C. Penney sees 1Q catalog sales falling 25%

Plano, TX—On April 16, General merchandise cataloger/retailer J.C. Penney (NYSE:JCP) told analysts at its headquarters that it expects catalog sales to fall 25% in the first quarter, with that decline leveling off to 10%-13% by the end of …

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April 15, 2002




Land of Nod affirms retail expansion

In a move that will make it a triple-channel competitor, children’s furniture cataloger/Web marketer Land of Nod will open its first store early next year in Chicago.
The Wheeling, IL-based company, which was founded in 1995 and generates about $15 million …

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